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Asian Chemical Connections

China Latest Credit Tightening Blow To Chemicals

by John Richardson

By John Richardson CHINA’S decision to temporarily halt lending by some banks – which was announced yesterday – as it attempts to further cool the economy will likely have a significant effect on chemicals demand and pricing. This follows last week’s decision to raise bank reserve requirements and two increases in the inter-bank lending rate […]

The more the merrier

by John Richardson

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Sumitomo Chemical and Saudi Aramco appear to be in a generous mood. After successfully launching the first phase of their joint venture and starting work on the second phase the two are willing to welcome others to the Rabigh party. Pic source: Saudi […]

Benzene the barometer?

by John Richardson

Source of picture: Wikipedia Because benzene has so many end-uses it’s widely seen as a pretty good barometer for the overall health of the industry. As C6 led the recovery last time are recent declines a sign of another broad-based retreat? See the slide below: View image Or is it more the problems we highlighted […]

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